The Superintendency of Industry and Commerce (SIC), the body in charge of ensuring the proper functioning of the markets and dependent on the Government of Colombia, has formulated a list of charges against Visa and Mastercard to determine if they had implemented strategies aimed at hindering…
Read More...
Browsing Tag
economy
BinanceUS could face a new legal dispute against the SEC
Binance.US, the cryptocurrency exchange, faces a serious legal dispute with the United States Securities and Exchange Commission (SEC) due to alleged irregularities in its services. The SEC accused the company of failing to adequately…
G20 GDP had a slowdown in growth during the second quarter of the year
The G20 Gross Domestic Product (GDP) experienced a slowdown in the second quarter, registering growth of 0.7 %, three tenths less than in the previous quarter. China played a significant role in this phenomenon, although most of the world's…
Nft market could grow to $200 billion
Recent research from Grand View Research reveals that the NFT market has reached an impressive figure of over $200 billion in the near future, transforming our perception of value and ownership in the digital and physical worlds.
During…
Theft of more than $35 million in crypto is linked to LastPass
Some researchers and cybersecurity experts have linked LastPass security flaws reported last year to the theft of more than $35 million in cryptocurrency.
This online password manager reported at the end of August 2022 about a bug that an…
The FED forecasts a drop in US wage growth
In a recent report, the US Federal Reserve (FED) projected a slowdown in wage growth for the second half of the year, attributing it to rising labor costs. These costs, in large part, are the result of the Fed's decisions to increase…
Inflation in Paraguay falls to 2.9 % year-on-year in August
The Paraguayan Consumer Price Index (CPI) fell six tenths in August compared to the previous month and now stands at 2.9 % year-on-year, very close to the target range, according to what the Central Bank of Paraguay disclosed on Monday.…
CABEI will close the applications for the presidency this Friday
The Central American Bank for Economic Integration (CABEI) will close this Friday, September 8, the period for candidates who so wish to apply for the position of executive president of the entity to, in November, proceed to their election.…
US jobs increased by 3.8 % in August
The US economy generated 187,000 new non-agricultural jobs during the month of August, a figure higher than the 157,000 new jobs created in July, although the unemployment rate rose three tenths, up to 3.8 %, according to published data.…
Minimum wage in Brazil will have a permanent increase
Brazil will guarantee the permanent increase in the minimum wage starting in 2024 according to the new law sanctioned this Monday by President Luiz Inácio Lula da Silva.
The law, which was previously approved by Congress, also establishes…
Argentina and Brazil signed a historic pact to boost trade
In an announcement that resonated with great importance, Argentina and Brazil closed a pact of historical relevance on Tuesday. The Development Bank of Latin America-CAF played a crucial role by offering guarantees for a value of 600…
Big US banks paid $500 million in conspiracy lawsuit
In a high-impact legal twist, renowned financial institutions Goldman Sachs, JPMorgan Chase, Morgan Stanley and UBS have agreed to jointly pay out a colossal sum of approximately $500 million, under a settlement aimed at ending a lawsuit…